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Alchen [17]
4 years ago
8

Ethics is so important in financial accounting and reporting that the government has passed a law regulating ethical actions of

businesses related to their financial reporting practices. why is ethics in financial reporting so important for the country's economy?
Business
1 answer:
devlian [24]4 years ago
7 0
<span>Ethics is incredibly important when it comes to financial reporting and accounting, so important that the government saw fit to pass a law that regulates the actions of businesses and how ethical they are when it comes to how they report. The reason that ethics is so very important when it comes to the economy of the country is because if there is a reason to believe that companies are using unethical practices in reporting, it allows investors and creditors to back away and not offer any more financial backing.</span>
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You are a speculator who sells a call option on Australian dollars for a premium of $.03 per unit, with an exercise price of $.8
Vladimir [108]

Answer:

e. none of the above.

Explanation:

Based on the scenario being described within the question it can be said that your net profit per unit is none of the above. This is because since you are selling and the exercise price was set at $0.86 then the price lowering to 0.78 means that you sold at a much higher price than market value, which leads to about 0.08 profit per unit.

4 0
3 years ago
Read 2 more answers
Donaldo just went through his performance evaluation. His manager gave him timely and complete feedback about areas needing impr
hammer [34]

Donaldo's reaction to his manager's assessment is exemplified by the performance measurement criterion known as <u>acceptability</u>.

<h3>What are the criteria of performance measurment?</h3>

The criteria of performance measurement include acceptability, relevance, meaningfulness or applicability, evidence-based, reliability or reproducibility, validity, and feasibility.

Donaldo should have accepted his manager's assessment on his performance evaluation with the timely and complete feedback received from the manager to improve his performance.

Thus, the performance measurement criterion exemplified by Donaldo's reaction is <u>acceptability</u>.

Learn more about performance measurement tests at brainly.com/question/3835272

5 0
3 years ago
You are given the following information: Stockholders' equity as reported on the firm’s balance sheet = $4 billion, price/earnin
Mazyrski [523]

Answer:

Explanation:

1. Shareholder's Equity = 4 billion

shares outstanding = 60 million

Book value/ share = 4000/60 = $66.66/ share

Market value / Book Value = 1.7

Market value of stock = 1.7*66.6=$113.22

2. EBITDA or earnings before interest, taxes, depreciation and amortization

Enterprise value (EV) = Market value of equity . + Market value of debt. - Cash =4bill + 8bill - 320million

=12 billion -320 million

=1.168 billion

8 0
3 years ago
If a project has a salvage value greater than zero, the salvage value will decrease the net present value. increase the net pres
Likurg_2 [28]

If a project has a salvage value greater than zero, the salvage value will increase the net present value.

<h3>What is the relationship between salvage value and net present value?</h3>

Net present value is the present value of after-tax cash flows from an investment less the amount invested. Salvage value is the value that can be gotten from an asset at the end of its useful life.

If the salvage value is greater than zero, it would increase the cash inflows to the owner of the asset and this would increase the value of the net present value.

To learn more about net present value, please check: brainly.com/question/25748668

#SPJ1

8 0
2 years ago
Read 2 more answers
The Weber Company purchased a mining site for $1,600,000 on July 1. The company expects to mine ore for the next 10 years and an
Debora [2.8K]

Answer:

$26,000

Explanation:

To calculate the total depletion expense for a year, we must first calculate the depletion expense for every ton of ore extracted:

depletion expense per ton = cost of the mine / total tons extracted

depletion expense per ton = $1,600,000 / $400,000 = $4 per ton extracted

If during the first year Weber Company extracted 6,500 tons, their depletion expense for the year = 6,500 tons x $4 per ton = $26,000

6 0
4 years ago
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